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20131202
20131210
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Bloomberg
Dec 9, 2013 8:00am EST
. risk on is pretty much the theme this morning. the s&p 500 is within spitting ance of setting another record high. a stronger dollar would be lower gold prices, but gold has already lost 26% in terms of the u.s. dollar this year. joining me now with a look at what the charter thing about where it is headed from here is greg bender who used to trade oil futures. there are short-term considerations and long-term considerations when you look at chart. trap had a classic bear about which happens when you get below a certain level of and it can only stay down there for a day or two to and then immediately rally back up. we will the catching a lot of short-term traders short. now in the january futures, we're back above the 200 day moving average. a long-term trend line that we had been back above for a while. trades isnd line with what to watch. >> does that mean that the short-term traders are changing their positions as well? >> they can have the ability to move in and out pretty quickly. they put on their most bullish bets than july. bythese are being driven data questions, and the bett
Search Results 0 to 0 of about 1